Virginia Port Authority (407)
Request Title | Establish offshore wind turbine blade facility |
Project Code | 18629 |
Project Type | Improvements-Environmental |
Biennium | 2022-2024 |
Budget Round | Initial Bill |
Facility | Virginia Port Authority |
Source | Capital Budget Request |
Infrastructure Element | 2 |
Budget Bullet
Supports the partnership with Siemens Gamesa to develop property at the Commonwealth’s Portsmouth Marine Terminal for a facility to produce turbine blades supplying offshore wind projects. The facility, combined with its operations and maintenance activities, will create a total of 310 new jobs, of which approximately 50 will be service jobs to support the Coastal Virginia Offshore Wind Project. |
Project Funding
Fund Type | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | FY 2027 |
GF | $17,000,000 | $0 | $0 | $0 | $0 | $0 |
NGF | $0 | $0 | $0 | $0 | $0 | $0 |
9C Debt | $0 | $0 | $0 | $0 | $0 | $0 |
9D Debt | $0 | $0 | $0 | $0 | $0 | $0 |
Tax Supported Debt | $0 | $0 | $0 | $0 | $0 | $0 |
Total | $17,000,000 | $0 | $0 | $0 | $0 | $0 |
p3_capview - Official Enacted Budget View Operating Bullet Details - 07-18-2025 14:29:34